I just came across this in an newsletter I get. It centers around a law that has already passed the US Congress and is about to be voted on by the senate--- HR1728. It will most likely KILL the owner financing option ...

The law that covers this is (I can not site the actual wording) the law that states the homeowner must do everything possible to PREVENT WASTE.It is under this statue that a lot of homes get taken by the authorities because the homeowner should have known that their renter was creating waste on the property by their illegal activities.

See official thread over here Search is your friend. http://www.biggerpockets.com/forums/99/topics/34001-the-death-of-creative-re-investing-

There can be no other:

http://www.harpercollins.com/books/9780061346712/InNOut_Burger/index.aspx

Reserve funds COULD be used to correct/repair certain items so that they last for several more years, or, be turned over to the (road) authority that would deal with repairs in the future...

The Nolo books were more useful) and the author was trying to scare people into using a paid RA service.

I have heard, from an author that has traveled in Iran, that the black market satellite TV business is the most lucrative niche in Iran.

Finally fixed my contracts with what the attorney told me to add it, I officially have a good one page contract now!!

They probably control the property but do not officially own it.

Unless the bank has already FC'ed or if you have an Authorization to Release on file with them, they will not talk to you about it.